The new money backing India's deeptech startups
“Since venture funds manage other people's money, they typically promise returns within five to six years. Deeptech businesses often don't fit that timeline because they
“Since venture funds manage other people's money, they typically promise returns within five to six years. Deeptech businesses often don't fit that timeline because they require continuous investment and refinement before they become commercially viable. That's where family offices have an advantage. They are able to take a longer-term view and support businesses that need patient capital,” said Suraj Malik, founding partner at Legacy Growth, a multi-family office boutique firm specializing in family business succession planning and transaction advisory services.
The BriefWire